Director of Finance

StepStone Hospitality

$90K — $120K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-6 years of experience in accounting, finance, or corporate planning
  • Strong knowledge of hotel operations and financial procedures
  • Familiar with federal, state, and local regulations
  • Exceptional math and computer skills
  • College degree in related field; additional education preferred
  • Ability to obtain necessary licenses or certificates in a timely manner
  • Fluency in additional languages preferred

Responsibilities

  • Supervise all financial department functions including accounts receivable and payable
  • Plan and implement efficient financial procedures
  • Prepare detailed financial analyses of hotel operations
  • Generate reports on financial performance related to income, expenses, and earnings
  • Direct the development of annual budgets and forecasts
  • Maintain all essential financial documentation and contracts
  • Assist in long-term financial planning aligned with organizational objectives

Benefits

  • Participation in the hotel’s executive committee meetings
  • Opportunity to contribute to strategic financial planning
  • Exposure to a collaborative leadership environment
  • Access to additional training and development opportunities
  • Opportunity for professional growth within StepStone Hospitality
Full Job Description
Le Meridien Sheraton Charlotte Hotel is seeking an experienced and strategic Director of Finance to join our leadership team. Managed by StepStone Hospitality, this role is vital in overseeing, directing, and administering all financial operations of the hotel. The ideal candidate will bring a strong background in hospitality finance, a collaborative spirit, and the ability to drive financial performance while supporting operational excellence.

*Hotel or hospitality industry experience strongly preferred *
• Supervise the financial department, including accounts receivable, accounts payable, auditing, payroll, general accounting, and cashiers.
• Plan and implement financial procedures and systems.
• Prepare financial analysis of hotel operations.
• Prepare reports outlining hotel's financial position in areas of income, expense, and earnings based on past, present, and future operations.
• Direct preparation of budgets and financial forecasts.
• Prepare governmental reports and handle all inquiries from governmental agencies, including the Internal Revenue Service.
• Maintain file of all contracts, insurance policies, tax reports, expenses, payroll, etc.
• Develop short- and long-term financial plans for the hotel that support overall StepStone objectives.
• Prepare annual hotel budget.
• Monitor the performance of the hotel through verification and analysis of monthly financial reports.

Participate in the Executive committee including sharing and communicating knowledge and by attending weekly or monthly meetings.

Requirements

  • At least 4-6 years of related experience in accounting, finance, or corporate planning

• Must have a comprehensive knowledge of all hotel departments and functions.
• Must have a comprehensive knowledge applicable Federal, state, and local health, safety, and legal regulations.
• Must have exceptional mathematical and computer skills.
• College education and relevant training and experience required. Additional education preferred.
• Ability to timely obtain any required licenses or certificates.
• CPR training and first aid training preferred.
• Additional language ability preferred.
• Occasional travel required.

Software Experience Preferred:

M3 Accounting Core - for Accounts Payable functions & General Ledger entries

Profitsword - for Income Journal, Forecasting, & Budgeting

Lightspeed - mainly used for Accounts Receivable

Microsoft Excel - general use

Paylocity - payroll functions

Hotel or hospitality industry experience strongly preferred. Experience working decentralized.

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